Trump Threatens to Impose Additional 100% Tariff on China
Natalie Sherman , BBC
US President Donald Trump has said he would impose an additional 100% tariff on imports from China from next month.
In a post on social media, Trump said the US would also put export controls on critical software.
In an earlier post on Friday, he hit back at Beijing's move this week to tighten its rules for exports of rare earths, accusing China of "becoming very hostile" and trying to hold the world "captive".
The World Trade Organization raised its 2025 forecast for global trade growth, but warned that trade will likely slow in 2026 as the broader, long-term impacts of U.S. tariffs take hold across the globe.
According to data released on October 7, the WTO expects the financial value of goods traded globally to expand by 2.4% this year, up from its previous estimate in August of 0.9%, thanks in large part to importers and exporters who have front-loaded shipments to get ahead of expected tariffs from the Trump administration. However, the WTO also cut its growth projection for 2026 from 1.8% to 0.5%, predicting that, "higher tariffs over time will weigh on trade."
Oct 17, 2025
